Simultaneous wireless information and power transfer (SWIPT) has been recognized as a promising approach to improving the performance of energy constrained networks. In this paper, we investigate a SWIPT based three-step two-way decode-and-forward (DF) relay network with a non-linear energy harvester equipped at the relay. As most existing works require instantaneous channel state information (CSI) while CSI is not fully utilized when designing power splitting (PS) schemes, there exists an opportunity for enhancement by exploiting CSI for PS design. To this end, we propose a novel heterogeneous PS scheme, where the PS ratios are dynamically changed according to instantaneous channel gains. In particular, we derive the closed-form expressions of the optimal PS ratios to maximize the capacity of the investigated network and analyze the outage probability with the optimal dynamic PS ratios based on the non-linear energy harvesting (EH) model. The results provide valuable insights into the effect of various system parameters, such as transmit power of the source, source transmission rate, and source to relay distance on the performance of the investigated network. The results show that our proposed PS scheme outperforms the existing schemes.
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